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SmithRx

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4.6 (2)

SmithRx Products (2)

   
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Pharmacy Benefit Manager (PBM)

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Pharmacy Benefit Provider

Product Description

SmithRx provides full PBM services. SmithRx delivers savings to employer health plans while delivering industry-leading member experience. We achieve this through our Pathways Engine, which identifies the lowest-cost-pathway for every claim that hits your plan. Our 100% in-house patient navigation team then guides your members to those lowest-cost-pathways.
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About this product

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SmithRx provides full PBM services. SmithRx delivers savings to employer health plans while delivering industry-leading member experience. We achieve this through our Pathways Engine, which identifies the lowest-cost-pathway for every claim that hits your plan. Our 100% in-house patient navigation team then guides your members to those lowest-cost-pathways.

SmithRx is the most transparent and pass-through PBM on the market. Your data belongs to you, and we make it easily accessible through our Partner Portal.

We are one of the only - if not the only - PBM to deploy a "billed-as-contracted" pass-through model. Most PBMs that claim to be pass-through use a "billed-as-paid" model. This means that they pass-through what they pay pharmacies, but they may pay pharmacies more for some clients and less for others, to optimize their cross-client spread. SmithRx does not play such games - with us, the drug price is the same price across all clients.

Min. Group Size

-

Lives Serviced

1,137,091

Average Cost

Average Cost is Locked

0 RFI Questions RFI questions

RFI questions number is Locked

26 Specific Questions Specific Questions tooltip

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Product Features

✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Alternative drug sourcing

✓

Pass-Through, Admin Fee Only Contracts

✓

Rebate administration

✓

No pharmacy profit interest

Show All Features

Product Features

×
✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Alternative drug sourcing

✓

Pass-Through, Admin Fee Only Contracts

✓

Rebate administration

✓

No pharmacy profit interest

✓

All Specialty Pharmacies Allowed

✓

Auditable Contract

✓

Formulary customization

✓

Multiple formulary options

✓

Flexible plan design options

✓

Specialty drugs excluded

✓

Utilization management

✓

Price Estimation Tool

✓

Price Finder

✓

Drug Coupon Locator

✓

Prescription Discount Card

✓

Cash Pay Options Accounted For

✓

Copay accumulator

✓

Live customer service

✓

90-day fills at retail

✓

Physical or digital ID cards

✓

Manufacturer Copay Cards

Not Provided.

SmithRx Info

Founded:

2016

Funding Summary:

20M Angel Round

Location:

300 Brannan St, San Francisco, CA 4107, US

Links:

Employees:

Not Provided
SmithRx is committed to providing a straightforward approach to reducing drug costs and improving health outcomes. We understand that reducing pharmacy costs is top of mind for us all. We utilize cloud technologies to deliver the most streamlined and cost-effective... Show More

About this vendor

×
SmithRx is committed to providing a straightforward approach to reducing drug costs and improving health outcomes. We understand that reducing pharmacy costs is top of mind for us all. We utilize cloud technologies to deliver the most streamlined and cost-effective PBM solution: one that is modularized and can be tailored to meet individual needs.

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